What about the little guy?
Today, I went to my favourite restaurant for my greasy spoon breakfast... I won't go into what I eat, as it's not the important point here.
What's important is that they raised their prices again, and this time around, the prices are not even tax included, so it's an increase in price, and then on top of that, you have to pay taxes. I understand that you have to pay taxes everywhere, but an increase, and the fact that your prices are not tax included is like a double increase...
What bugs me is, as I have previously stated before, the unbalance of increase in price versus salary increases... In none of the jobs that I work (part-time) this year, I got a wage increase, to reflect the increase in inflation. All the business for cheese, milk, etc., said that since gas is so expensive, they need to increase their prices... Fine. I understand that. However, as a mathematician, I realize that if you don't increase the living wage the same amount as the inflation, people get poorer, as they have to eat into their portion that would normally go into savings... And this has been happening for a while...
I may not have studied economics, but the mathematician in me says that this is a problem. And I don't think that it's just me... None of my friends that I'm aware of has gotten a wage increase... And people at my university (the support workers), they have been without contract for about four years, and these wages still reflect the prices then... For example, they are still being paid the same wages when the bus pass for the adult was $50. Now, it's $65. That's $15 that's eating into the wages that could be saved or invested...
I mean, I'm not a fan of LaRouche's policies either, but it doesn't take a brain surgeon to realize that there is a problem...
1 Comments:
Heh. Yup, our salaries have definitely not increased the past few decades, yet food and housing costs have doubled.
Geez, I wonder why our parents are able to afford a big new $300K house while I can't even afford a $600K run-down little house? A plain loaf of bread used to cost less than a dollar, but it's now over $2 a loaf.
I'm thrifty and I know we're fine as long as we don't dream big and want a house of our own hahahaha :-P But you know, there are tons of silly people out there who cannot adjust to the inflation... they're still living as though their wages are increasing at the same rate as inflation.
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